Author: NBTC

FIFA announces its rebrand to FIFA Collect and, in collaboration with Modex, dives into Web3, integrating blockchain technology. FIFA: the official rebranding and the dive into Web3 and blockchain in collaboration with Modex FIFA and Modex together to leverage the advantages of Web3 and blockchain technology generating value The partnership with Algorand FIFA: the official rebranding and the dive into Web3 and blockchain in collaboration with Modex The International Federation that governs the world of football, FIFA, has announced the official rebranding of its digital collecting platform: FIFA Collect. 📣 The big day has arrived! @FIFAcom has announced the evolution…

Baar, Switzerland — Pyth Network, renowned for its real-time market data for blockchain applications, joins forces with Morpho and Gauntlet to revolutionize lending and borrowing experiences on Ethereum and Base. By integrating Pyth’s dependable, low-latency price data, DeFi protocols gain a competitive edge, optimizing capital efficiency and reducing risks for users.—Morpho disrupts the DeFi lending space with an open, trustless lending primitive that supports permissionless market creation. Its protocol allows pre-approved entities to launch customized vaults with tailored risk management, simplifying DeFi yield management. This flexibility empowers DeFi protocols to define liquidation loan-to-value ratios, select oracles, collateral types, and more,…

The long-awaited layer-2 blockchain zkSync airdrop checker was revealed today, with 17.5% of the token supply destined for 695,000 wallets. Despite the significant supply allocation, nearly 90% of all addresses that interacted with the blockchain got out of the reward distribution, sparking backlash from part of the crypto community on how Matter Labs fought against Sybil users. The first controversy around the airdrop relates to the reward cap, which was 100,000 tokens. As highlighted by the user who identifies himself as Olimpio on X, 155 wallets surpassed this limit. Mudit Gupta, Chief Information Security Officer at Polygon Labs, said that…

Jeremy Hogan, partner at Hogan & Hogan, has predicted that there will be no “final glorious victory” for the US Securities and Exchange Commission in the US Court of Appeals for the Second Circuit. The SEC’s attempts to appeal the case might potentially lead to disastrous outcomes for the agency, according to Hogan. Even if the regulator somehow manages to win the appeal, the case would still come back down to the trial court since there would be a need for further factual determination. In a significant blow to the SEC, Judge Analisa Torres determined that the XRP token was…

Nimble Network is excited to announce its new strategic alliance with Marlin Protocol, a well-known verifiable computing protocol. This collaboration brings together two reputable teams in the decentralized technology space. This strategic alliance aims to create a powerful collaboration between giant tech firms. The combination of their assets is set to drive innovation in the decentralized AI landscape. 🎉 @Nimble_Network is excited to announce an alliance with the verifiable computing protocol known as @MarlinProtocol.This is what happens when visions of two reputable teams well-versed in the space come together to work in the decentralized generative race. Both projects have… https://t.co/aJiZi53yv4…

2024 has truly been a landmark year as institutional investors ventured deeper into the cryptocurrency space via exchange-traded funds (ETF) and real-world assets (RWAs). While the Bitcoin Spot ETF has finally allowed mainstream investors to invest in BTC in a seamless and regulatory-compliant manner, RWAs are being leveraged to bring efficiency, liquidity, and traceability to tangible assets outside the crypto realm. —RWAs have been the leading narrative in this cycle, aiming to take crypto mainstream by bringing real estate, art, bonds, commodities, stocks, intellectual property, and more to the blockchain. By converting physical and traditional financial assets into digital tokens,…

On June 20, 2024, Dave Ripley, CEO of Kraken, appeared on CNBC’s “Squawk Box” to discuss the state of the cryptocurrency market, Kraken’s regulatory battles with the U.S. SEC, and the overall regulatory outlook for the industry. Below is a comprehensive summary of the key points discussed during the interview. State of the Crypto Market Ripley noted the significant improvement in the crypto market compared to the previous year. He highlighted the rise in Bitcoin prices and the overall positive sentiment in the market. Ripley said that Kraken has seen substantial success throughout the year due to the market’s strong…

Exaion joins Cronos as a validator three months after doing the same on Chiliz Chain. Validators maintain the operation and security of a blockchain network by authorizing smart contracts and verifying transactions. A subsidiary of France’s state-owned energy company EDF has become a validator on Cronos, the blockchain network developed by crypto exchange Crypto.com just months after doing the same on Chiliz Chain. Exaion, which helps industries with digital transformation by focusing on addressing the energy efficiency of data centers, joins a pool of 32 validators on Cronos’ open-source Ethereum Virtual Machine (EVM) protocol. Cronos EVM interoperates with Ethereum and…

Michael Saylor, the head of MicroStrategy and a well-known advocate for Bitcoin, recently highlighted a significant milestone in the cryptocurrency world. According to Saylor, spot Bitcoin ETFs now collectively hold approximately 1 Nakamoto of Bitcoin, a symbolic reference to 1 million BTC. This milestone was reached just over four months after the inception of Bitcoin ETFs on Jan. 10 this year. Thus, more than four months later, the volume of accumulated Bitcoin issuers has exceeded the 1 million BTC mark. It is that mark that Saylor referred to as 1 Nakamoto. The fact is that, according to unconfirmed data, Satoshi…

A civil lawsuit on a securities claim against Ripple CEO Brad Garlinghouse will proceed to trial in California. A judge dismissed several other claims made in the lawsuit. A California judge has ruled that a civil securities lawsuit against Ripple will proceed to trial, denying in part the crypto firm’s motion for summary judgment in a suit alleging that Ripple’s CEO violated state securities laws in 2017. A jury will hear arguments on whether Ripple CEO Brad Garlinghouse made “misleading statements” in connection with the sale of securities in a 2017 televised interview. The other four claims in the class…